Catherine Lozick

$3.95B

as of 10/04/24

About Catherine Lozick

Catherine Lozick inherited an estimated 65% stake in Swagelok, a valve-making business her father, Fred Lennon, cofounded in 1947.

Lennon (d. 1998) started Swagelock with a $500 loan; he first appeared on The Forbes 400 list of richest Americans in 1990.

Lennon left his son, John Lennon, a much smaller inheritance ($25 million) than his daughter.

John's son William sued Lozick and her trustees in 2002, exposing the details of the family's finances.

Lozick settled the suit, agreeing to pay each of Lennon's grandchildren an additional $1.25 million.

Personal stats

Citizenship

United States of America

Source of wealth

Valve manufacturing

Residence

Fort Lauderdale , Florida

Marital status

Widowed

Birth date

05/01/45 (age 79)

Number of children

Self-made

inherited